Last winter amid record high energy prices, National Grid ESO, the electricity transmission system operator, introduced the Demand Flexibility Service (DFS), where households were paid to reduce energy use in times of high demand. ESO was […]
March 26 (Reuters) – U.S. oil refiner Phillips 66 (PSX.N), is exploring a sale of its 25% stake in the Rockies Express Pipeline that it hopes could be worth more than $1 billion, including debt, people […]
Australia’s main carbon offsets method is a failure on a global scale and doing little if anything to help address the climate crisis, according to a major new study. Research by 11 academics found the […]
US oil prices have recently jumped above the $80 a barrel mark – the highest level since late 2023, sending worrying signals to the Federal Reserve and overly anxious White House. The surge in WTI […]
Time is running out for fishermen and women in the Northeast who fear their industry is being put at risk by the Biden administration’s renewable energy agenda. “Ground fishermen, lobstermen, whatever you are, you’re under […]
A report by Policy Exchange, supported by analysis from Aurora Energy Research, outlines challenges facing Labour‘s aim to achieve a decarbonised power grid by 2030. The report highlights a £116 billion additional investment requirement. This […]
Chris O’Shea, Chief Executive Officer of Centrica, the parent company of British Gas, has seen his annual remuneration rise to £8.2 million in 2023, up from £4.5 million the previous year. The increase is mainly […]
In a move set to come into effect in just five days, energy customers in the UK will be eligible for £30 compensation if their switch to a new supplier exceeds five working days, starting […]
Britain‘s energy regulator is set to implement its latest energy price cap level announced on 23rd February, starting from 1st April. The energy price cap defines the maximum rate energy suppliers are permitted to charge […]
Offshore Energies UK (OEUK) warns of a potential £450 billion loss in the domestic offshore energy market by 2040 without stable policies and competitive taxes. The report emphasises the need for policymakers to bolster investor […]
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